FY2030 Earnings Forecast for Yext Issued By B. Riley

Yext, Inc. (NYSE:YEXT) – Analysts at B. Riley issued their FY2030 earnings per share estimates for shares of Yext in a research note issued to investors on Tuesday, February 11th. B. Riley analyst N. Khan expects that the company will post earnings per share of $0.45 for the year. The consensus estimate for Yext’s current full-year earnings is ($0.12) per share.

A number of other equities research analysts have also commented on YEXT. DA Davidson raised their price objective on Yext from $5.75 to $7.50 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Roth Mkm restated a “buy” rating and set a $10.50 price objective (up from $7.50) on shares of Yext in a research report on Tuesday, December 10th. Finally, Needham & Company LLC restated a “buy” rating and set a $10.00 price objective on shares of Yext in a research report on Wednesday.

Yext Trading Down 2.1 %

Shares of NYSE YEXT opened at $6.67 on Thursday. Yext has a one year low of $4.29 and a one year high of $8.75. The firm has a market capitalization of $851.74 million, a PE ratio of -44.49 and a beta of 1.26. The business has a 50-day moving average price of $6.56 and a two-hundred day moving average price of $6.60.

Institutional Investors Weigh In On Yext

A number of hedge funds and other institutional investors have recently made changes to their positions in YEXT. Tenzing Global Management LLC raised its stake in shares of Yext by 133.3% during the 3rd quarter. Tenzing Global Management LLC now owns 2,100,000 shares of the company’s stock worth $14,532,000 after purchasing an additional 1,200,000 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Yext by 160.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,758,394 shares of the company’s stock worth $11,183,000 after purchasing an additional 1,082,153 shares in the last quarter. Potrero Capital Research LLC raised its stake in shares of Yext by 36.0% during the 3rd quarter. Potrero Capital Research LLC now owns 3,404,537 shares of the company’s stock worth $23,559,000 after purchasing an additional 900,975 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Yext by 224.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 515,221 shares of the company’s stock valued at $3,565,000 after acquiring an additional 356,324 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Yext in the 4th quarter valued at approximately $2,219,000. 70.98% of the stock is owned by hedge funds and other institutional investors.

About Yext

Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.